Taman Chai Leng

Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Property Transactions

13 subsales grouped by size

Median
RM 895,000
PSF
RM 402
Price Size
1,950 sqft
2-Sty Shop
RM 850,000
Lebuh Kurau 3
1,927 sqft · RM 441 PSF
RM 1,100,000
Lebuh Kurau 3
1,927 sqft · RM 571 PSF
2,250 sqft
2-Sty Shop
RM 1,293,000
Jalan Kurau
2,228 sqft · RM 580 PSF
RM 1,580,000
Jalan Kurau
2,228 sqft · RM 709 PSF
RM 895,000
Jalan Kurau
2,228 sqft · RM 402 PSF
2,350 sqft
2-Sty Shop
RM 810,000
Jalan Chain Ferry
2,336 sqft · RM 347 PSF
RM 800,000
Chain Ferry
2,336 sqft · RM 342 PSF
RM 1,007,000
Jalan Kurau
2,357 sqft · RM 427 PSF
2,750 sqft
2-Sty Shop
RM 1,580,000
Jalan Baru
2,756 sqft · RM 573 PSF
RM 600,000
Lebuh Kurau 1
2,745 sqft · RM 219 PSF
RM 820,000
Jalan Baru
2,756 sqft · RM 298 PSF
RM 725,000
Jalan Baru
2,756 sqft · RM 263 PSF
5,100 sqft
2-Sty Shop
RM 1,525,000
Jalan Chain Ferry
5,091 sqft · RM 300 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 480,000

RM 300 psf

Median transaction price

RM 895,000

RM 402 psf

Median transaction price

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Taman Chai Leng I, 13700 Perai, Penang, Malaysia

Maps

Taman Chai Leng in Seberang Perai Tengah, Penang recorded 13 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 895K and a median price per square foot (PSF) of RM 402.

This area contains both residential and commercial properties. View 67 residential properties or 24 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 895K, with most transactions falling within a stable range of RM 600K to RM 1.22 million, and a typical market range of RM 713K to RM 1.08 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop3 - dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 402, though individual units vary from RM 260 to RM 544 in the core range. The broader market spans RM 333.18 to RM 470.18, indicating diverse property characteristics. A wider spread (IQR: RM 137.00) and deviation (MAD: RM 142) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.